๐ฅ๐ฅ ๐๐ข๐ญ๐๐จ๐ข๐ง ๐๐๐ข๐ฅ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ , 70k Is Near ๐ฅ๐ฅ
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Bitcoin is currently rebounding from the support trendline of a rising wedge pattern, a formation often signaling potential reversals. However, it faces resistance at the previous high, a critical level where selling pressure may intensify.
> Despite this, the Ichimoku Cloud indicator shows bullish strength, suggesting a prevailing upward trend.
> The market is now at a crucial juncture, and traders should watch for a decisive breakout above the resistance or a breakdown below the support to determine the next directional move.
๐ผ Data Credit - The Crypto Express
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